- Trump's Crypto Platform Launch
- Uniswap Denies Charging For Protocol Deployment
- Sonic Blockchain Achieves Record Transaction Finality
This week's news covers Donald Trump's crypto platform launch, Uniswap CEO's denial of fundraising allegations, and Sonic blockchain's record achievements.
Trump's Crypto Platform Launch
Donald Trump's World Liberty Financial crypto project will launch on September 16, the Republican presidential candidate announced. In a video posted on September 12, Trump said that he and his sons, Donald Trump Jr. and Eric Trump, will manage the project. Trump stated that they are 'embracing the future with crypto and leaving behind the slow and outdated big banks.'
Uniswap Denies Charging For Protocol Deployment
Uniswap CEO Hayden Adams has refuted allegations that Uniswap demands money from DeFi protocols for deployment. In a post on X on September 12, Adams stated that neither Uniswap Labs nor Uniswap Foundation charges for protocol deployments. Deployments happen through governance votes, and the requirements for deployment on a new chain are based on the activity and effort required.
Sonic Blockchain Achieves Record Transaction Finality
The Sonic blockchain achieved a transaction finality of 720 milliseconds (ms) during its testnet phase. Finality ensures that a transaction is irreversible after it is added to a block on the blockchain. Sonic claims to be the world's fastest Ethereum Virtual Machine chain, with a 'true' 720ms finality. Andre Cronje, the creator of the Fantom Network and Sonic Labs' Chief Technology Officer, mentioned that while most blockchains require several additional blocks for transaction irreversibility, Sonic has reduced this time significantly.
This week's news covered the launch of a new crypto platform, denial of fundraising allegations, and record achievements in blockchain technology. These events demonstrate ongoing development and innovation in the decentralized finance space.
Comments